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ARTICLE · 18 MAY 2015

Round 1: First Call To Bid

CNH, as a Coordinated Regulatory Agency, has the power to carry out bidding processes for contracts concerning the exploration and extraction of oil and other hydrocarbons...

MexicoEnergy and Natural Resources

On December 11, 2014 first call to bid number CNH-R01-C01/2015 for International Bidding process CNH-R01-L01/2015, regarding the procedure known as Round 1, initiated by the National Hydrocarbons Commission (Comisión Nacional de Hidrocarburos or CNH), was published in the Official Federal Gazette.

Said bidding process will be held for purposes of obtaining income for the state, in order to contribute to the long term development of the country, as oil and other hydrocarbons exploration and extraction activities will be carried out thereunder, by means of assignments to productive state-companies or through the execution of contracts with such productive state-companies or with the private sector.

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